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Nov 9, 2012
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there is no way to avoid the fiscal cliff. spending cuts and tax increases are set to kick in next year. it with send the economy into a tail-spin. that could increase. a immediate yap household income is $70,000. if everything stays as is, that family will be hit with $3500 in taxes. >> that's 300 a month or capable and electric combined. the president will speak at 1:00 today about the potential crisis. >>> the children at hopkins gets creative and draws things and they are chosen and put on ties. they have done this for years and it has raised a lot of money if you have one today is the day to wear it. can you buy one, too. linda so is live and where are the ties sold? >> reporter: it is all in collaboration with jos a. bank, that's where can you find them. the collection is out. can you find them in the others -- stores and online. the artists who designed their own ties are wearing them. can you wave. they are troopers for getting up this early to be with us. you are with hopkins, you work with the kids. this is cool. >>
there is no way to avoid the fiscal cliff. spending cuts and tax increases are set to kick in next year. it with send the economy into a tail-spin. that could increase. a immediate yap household income is $70,000. if everything stays as is, that family will be hit with $3500 in taxes. >> that's 300 a month or capable and electric combined. the president will speak at 1:00 today about the potential crisis. >>> the children at hopkins gets creative and draws things and they are...
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Nov 8, 2012
11/12
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in term as fiscal cliff is a combination of expiring cuts from the bush era and billons in spending cuts. ending the cuts mean most families, like you, me, our bills to the tax bill is going to go up $1000. the spending cuts will be made in defense, medicare and unemployment benefits n all the tax hikes if they stay in place for 2013. driving that car over the cliff, though, means negative economic growth. the result of that will be the recession. think in terms now of what is happening in europe and happening there for the past year and a half. we have been seeing the headlines here. it is something we could see on our own home turf. the dow dropped and investors are worried but there are some on both sides of the aisles and now saying they want to play hard ball and see who blinks first ahead of the deadline. and more than a month away and by the way when you think about this. the house, house of representatives, they will be in session just 16 days between now and then. they get back to work next tuesday. >> kids will get in politics rarely are they this excited. >> obama. cameron is
in term as fiscal cliff is a combination of expiring cuts from the bush era and billons in spending cuts. ending the cuts mean most families, like you, me, our bills to the tax bill is going to go up $1000. the spending cuts will be made in defense, medicare and unemployment benefits n all the tax hikes if they stay in place for 2013. driving that car over the cliff, though, means negative economic growth. the result of that will be the recession. think in terms now of what is happening in...
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Nov 8, 2012
11/12
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cliff. automatic spending cuts and tax increases that will kick in january 1st, if there is no deal in congress. another reason for the stock slide is worry over europe's debt crisis, with rioting over new budget cuts in greece. >>> and another gauge of the magnitude of hurricane sandy. the impact on the auto industry. an estimated 250,000 cars and trucks could end up as total losses from the storm, which might lead to a spike in new car sales. automakers say 16,000 new vehicles, many at the port of newark, will have to be scrapped. >>> with thanksgiving just two weeks away, predictions of jam-packed planes and higher fares are proving to be true. nearly 24 million people will fly domestic airlines over the holiday, with planes about 90% full. the number of tickets already sold for christmas and new year's is up more than 50% compared to last year at this time, with prices up sharply, as well. >>> and walmart is upping the ante in high-stakes black friday shopping. the retail giant will open
cliff. automatic spending cuts and tax increases that will kick in january 1st, if there is no deal in congress. another reason for the stock slide is worry over europe's debt crisis, with rioting over new budget cuts in greece. >>> and another gauge of the magnitude of hurricane sandy. the impact on the auto industry. an estimated 250,000 cars and trucks could end up as total losses from the storm, which might lead to a spike in new car sales. automakers say 16,000 new vehicles, many...
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Nov 12, 2012
11/12
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and tax cuts known collectively as the fiscal cliff. >>> and president obama marks veterans day arlington national cemetery, laying a wreath on the tomb and noting it's the first day not in combat. >> and chilly in the nation's midsection. >>> and finally for us this morning, the new movie about an old american hero, steven spielberg's "lincoln" is all the buzz. >> yes, it is, actor daniel day-lewis took the leading role, apparently, he turned into him even when the cameras weren't rolling. more from abc's david wright. >> save yourself. >> reporter: he's a british actor embodying an american icon. >> i like how he does. >> reporter: according to the experts, daniel day-lewis nailed it. >> for this moment now, now, now! >> i've seen a lot of performances, and i've never seen anyone delve as deeply into lincoln's soul. >> reporter: daniel day-lewis immerses himself into it. while filming "my left foot" he remained in a wheelchair during takes. while filming in the last of the mow keek hands." and he got in just as deeply as the 16th president. >> i had a feeling for him in a way i've never
and tax cuts known collectively as the fiscal cliff. >>> and president obama marks veterans day arlington national cemetery, laying a wreath on the tomb and noting it's the first day not in combat. >> and chilly in the nation's midsection. >>> and finally for us this morning, the new movie about an old american hero, steven spielberg's "lincoln" is all the buzz. >> yes, it is, actor daniel day-lewis took the leading role, apparently, he turned into him...
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Nov 13, 2012
11/12
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you said, it's not a cliff. >> most pundits put it as a fiscal slope to 2014, three impacts, cut in federal spending, the bush era tax cuts which expire december 2013, the immediate payroll deduction. the bush era tax cuts, most people won't feel until 2014 when they file the 2013 tax returns. the payroll deduction, you will probably feel, for income of 50,000 , which would be a thousand dollars a year, the impact for the federal spending won't be felt until october the thousand 13, many state -- 2013. many state programs may feel an impact in june of 2013. >> the clock might be prolonged a bit. if we get in to 2013, and they kick off, how is it going to affect those paying their bills at home. >> it will be a struggle, some people, estimate, from 1000, to $3000 for a households. which would be about a utility bill on a monthly basis or a cable bill or cell phone bill. it won't be good. it won't be disastrous. the bigger picture is the jolt to the economy, may not be immediate couldn't cause the economy to kick back in to a recession, minus point 9%, to minus 3.5%. maryland has more
you said, it's not a cliff. >> most pundits put it as a fiscal slope to 2014, three impacts, cut in federal spending, the bush era tax cuts which expire december 2013, the immediate payroll deduction. the bush era tax cuts, most people won't feel until 2014 when they file the 2013 tax returns. the payroll deduction, you will probably feel, for income of 50,000 , which would be a thousand dollars a year, the impact for the federal spending won't be felt until october the thousand 13, many...
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Nov 7, 2012
11/12
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if they don't strike a deal to cut the deficit in 55 day, by law, we face the so-called fiscal cliff, taxmaggedon, a mix of tax increases and defense spending cuts that would likely plunge the economy back into recession. and give a big tax hike for virtual little every family in america starting january 1st. the president has insisted and campaigned on raising tax rates on the wealthy. house republicans campaigned on no tax increases and they won, too. today, from boehner, a hint at a willingness to compromise. >> we want you to succeed. let's challenge ourselves to find the common ground that haas eluded us. let's rise above the dysfunction and do the right thing together for our country. >> reporter: the newly elected congress looks almost exactly like the last one. the same partisan divisions, maybe even a little bit deeper, that led to failure last time. but diane, there may be a new dynamic, that looming crisis, forcing a compromise that just seemed impossible in the last time around. >> well, i'll have a chance to ask the speaker of the house, john boehner, about just that tomo
if they don't strike a deal to cut the deficit in 55 day, by law, we face the so-called fiscal cliff, taxmaggedon, a mix of tax increases and defense spending cuts that would likely plunge the economy back into recession. and give a big tax hike for virtual little every family in america starting january 1st. the president has insisted and campaigned on raising tax rates on the wealthy. house republicans campaigned on no tax increases and they won, too. today, from boehner, a hint at a...
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Dec 31, 2012
12/12
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if congress and the president are going try to stop the nation from going over the fiscal cliff. tax hikes and spending cuts are just hours away. >>> despite the looming cliff, party preparations are under way on this new year's eve, as we welcome 2013. >>> and moengs nal and triumphant return to the sidelines. for indianapolis colts coach chuck pagano. seems his inspired season is not over yet. >>> good morning, i'm john muller sitting in for rob nelson. >> and i'm paula faris. >>> it looks like secretary of state hillary clinton will be celebrating the new year from a hospital bed. >> during a routine checkup for an earlier concussion, doctors discovered she had a blood clot. he's abc's dierdre bryant. >> reporter: secretary of state hillary clinton was admitted to the hospital on sunday with a blood clot. her doctors discovered it in a followup exam for a concussion sufferered earlier in the month. >> with time and with medication, the clot will dissolve. it won't propagate further. won't cause a clot to the lung. it will recover -- someone that has this will recover fully. >>
if congress and the president are going try to stop the nation from going over the fiscal cliff. tax hikes and spending cuts are just hours away. >>> despite the looming cliff, party preparations are under way on this new year's eve, as we welcome 2013. >>> and moengs nal and triumphant return to the sidelines. for indianapolis colts coach chuck pagano. seems his inspired season is not over yet. >>> good morning, i'm john muller sitting in for rob nelson. >> and...
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Nov 9, 2012
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. >> reporter: the so called fiscal cliff looming at the end of the year could have serious ramifications, $650 billion in cuts and tax increases in to effect january 1st, if there is no deal, affecting every american taxpayer. john boehner says congress needs to fix the debt problem through tax reform and entitlement reform. >> everythingto be looked at. >> reporter: boehner put the pressure on president obama to take charge on where the negotiations go. >> this is an opportunity for the president to leave to. engage the congress and works towards a solution that can pass both chambers. >> reporter: president obama invited leaders from both parties to the white house to start working to reach consensus on the very urgent issues. karen traverse, abc2 news, washington. >>> it's been two days since a of 0-inch water main break broke in baltimore, flooding north charles street. crews trying to get to the main. a huge amount of water including gas lines needed to be shut down and slowed down the process of getting to the broken main. >> our plan is to try to get this done as quickly as possib
. >> reporter: the so called fiscal cliff looming at the end of the year could have serious ramifications, $650 billion in cuts and tax increases in to effect january 1st, if there is no deal, affecting every american taxpayer. john boehner says congress needs to fix the debt problem through tax reform and entitlement reform. >> everythingto be looked at. >> reporter: boehner put the pressure on president obama to take charge on where the negotiations go. >> this is an...
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Dec 30, 2012
12/12
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swoop down from the fiscal cliff. the two senate leaders harry reid and mitch mcconnell are work on a stopgap bill. >> at some point, the negotiating process, it appears that there are things that stop us from moving forward. i hope we are not there but we are getting close. >> i want everyone to know i am willing to get this done. but i need a dance partner. >> reporter: the legislation would prevent a tax increase for reveille 98% of the -- for roughly 98% of workers extend unemployment benefits and prevent a huge cut in payments to medicare doctors. >> we should introduce legislation that would make sure middle class taxes stay where they are and there should an up or down vote. >> reporter: if they reach a deal it won't pass congress necessarily by monday night. if it doesn't every body income tax also go up. average family would pay an extra $3446 more in 2013. and farm programs would expire. potentially doubling the price of milk. and if congress doesn't pass a new bill. >> we will come back with a new congress
swoop down from the fiscal cliff. the two senate leaders harry reid and mitch mcconnell are work on a stopgap bill. >> at some point, the negotiating process, it appears that there are things that stop us from moving forward. i hope we are not there but we are getting close. >> i want everyone to know i am willing to get this done. but i need a dance partner. >> reporter: the legislation would prevent a tax increase for reveille 98% of the -- for roughly 98% of workers extend...
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Nov 13, 2012
11/12
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cliff, what is looming after december 31st, all involves expiration of tax breaks and program cuts, and stuff you and i might not understands. the doctor with towson university is here to explain the political speak for those making budgets at home. >> thank you for joining us. when we get in to this, how much of this do the budget makers at home not understands about what congress is going to be dealing with. >> the fiscal cliff or some said a fiscal slope as many of the impacts won't be immediately felt is a three major parts, the cut back in spending, there is the expiration of the bush era tax cuts, as well as payroll deduction holiday expiration. for most people, immediate effect will be the payroll deduction taxes $1000 for someone earning $50,000 a year. then when april 2014, when you file your 2013 taxes you will see the effect of the expiration of the bush era tax cuts. for individuals since maryland is closely tied to j]
cliff, what is looming after december 31st, all involves expiration of tax breaks and program cuts, and stuff you and i might not understands. the doctor with towson university is here to explain the political speak for those making budgets at home. >> thank you for joining us. when we get in to this, how much of this do the budget makers at home not understands about what congress is going to be dealing with. >> the fiscal cliff or some said a fiscal slope as many of the impacts...
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Nov 9, 2012
11/12
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we begin with the impending budget faceoff that has the country teetering on the edge of a fiscal cliff. >> president obama will speak from the white house today about his game plan to grow the economy as well as cut the deficit. and republicans say they are ready to make it happen. abc's tahman bradley is in washington this morning. good morning, tahman. >> reporter: good morning, paula and rob. shortly after he was re-electioned, president obama called congressional leaders to discuss the so-called fiscal cliff. it's a major problem. it has to be solved by the end of the year. republicans and democrats have signaled they're ready to talk. but there's a major hurdle. a showdown's looming in washington, even as democrats and republicans strike a conciliatory tone post-election, both sides are set to collide over taxes. >> raising tax rates is unacceptable. and, frankly, it couldn't even pass the house. >> reporter: in an exclusive interview with abc news, house speaker john boehner drew a hard line on raising taxes. but opened the door of raising more revenue as part of a deficit reduct
we begin with the impending budget faceoff that has the country teetering on the edge of a fiscal cliff. >> president obama will speak from the white house today about his game plan to grow the economy as well as cut the deficit. and republicans say they are ready to make it happen. abc's tahman bradley is in washington this morning. good morning, tahman. >> reporter: good morning, paula and rob. shortly after he was re-electioned, president obama called congressional leaders to...
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Dec 26, 2012
12/12
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his cutting short his hawaiian vacation, to return to washington to avoid the fiscal cliff. >>> deep discounts. if you're not sick of the mall just yet, you're going to find sales today. >>> and the holiday homecoming. one family never imagined was possible. how a chance encounter by a caring stranger put a pup back in the arms of the little girl who loves her. >>> good morning, everyone. i'm muhammad lila. >> and i'm brandi hitt. paula and rob are off this morning. travel could be a challenge across much of the country. tornadoes, rain, snow, even a blizzard are all a threat. >> they are picking up the piece of a series of storms turned deadly. wendy gillette is joining us with more now. wendy? >> reporter: muhammad and brandi, we may dream of a white christmas. and many of us got one. but these storms also delivered a deadly punch, all across the country. >> oh, jesus. look at that tornado. >> reporter: this is just 1 of more than 30 reported tornadoes that touched down on christmas day, leaving behind heavy damage. >> still on the ground for over a minute. >> reporter: this one ro
his cutting short his hawaiian vacation, to return to washington to avoid the fiscal cliff. >>> deep discounts. if you're not sick of the mall just yet, you're going to find sales today. >>> and the holiday homecoming. one family never imagined was possible. how a chance encounter by a caring stranger put a pup back in the arms of the little girl who loves her. >>> good morning, everyone. i'm muhammad lila. >> and i'm brandi hitt. paula and rob are off this...
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Jun 10, 2012
06/12
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what we need to do is find someone to avoid the fiscal cliff sxl does that mean extending the tax cuts? >> they'll have to put everything off. >> i'm very sorry about what happened yesterday. what i thought that something had to done on the fiscal cliff before the election. >> he might be barack obama's most frustrating surrogate. hit's talk about it on our roundtable. mike huckabee, you ran a lot of campaigns. the thought that he didn't understands when those tax cuts will kick in, this is the smartest political mind alive today. >> and you do a pretty mean president clinton imitation? >> i'm known to. the way that he governored, people get bumper stickers, i miss bill. he was a governor, he understood the dynamics of it. what's hurting barack obama, he simply doesn't understand the dynamics of being a chief executive. he has never been in that position and it's showing. >> well -- >> go ahead. you get him first. >> the answer is, it's hard to expect the president to reach out when in the first year, in the middle of the first year the republican leader in the senate said our number o
what we need to do is find someone to avoid the fiscal cliff sxl does that mean extending the tax cuts? >> they'll have to put everything off. >> i'm very sorry about what happened yesterday. what i thought that something had to done on the fiscal cliff before the election. >> he might be barack obama's most frustrating surrogate. hit's talk about it on our roundtable. mike huckabee, you ran a lot of campaigns. the thought that he didn't understands when those tax cuts will...
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Nov 16, 2012
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, known as the fiscal cliff. and later, the president gathers input from the naacp, the aarp, as well as other advocacy groups, as well. >>> it's time for the weather from across this country. wet along the california coast for most of the day. rain expected to spread up the coast to seattle and portland later in the day. and at night, the mid-atlantic region will see a few showers. scattered snow across the desert southwest. >> it is warmer than usual in colorado springs. 50s in chicago and indianapolis. fargo is the cold spot today at 37. honolulu, doesn't that sound nice? will enjoy a high of 83. >> life is tough in hawaii. >>> when we come back, how low can they go? new mortgage rates like we've never seen before. >>> and the future of twinkies, hanging in the balance today. will it all end with some sweet sorrow? >>> and twihards hit the midnight showings of the final "twilight" movie. and the first fan reviews are just coming in. >>> welcome back, everybody. there is a huge settlement this morning, stemming
, known as the fiscal cliff. and later, the president gathers input from the naacp, the aarp, as well as other advocacy groups, as well. >>> it's time for the weather from across this country. wet along the california coast for most of the day. rain expected to spread up the coast to seattle and portland later in the day. and at night, the mid-atlantic region will see a few showers. scattered snow across the desert southwest. >> it is warmer than usual in colorado springs. 50s in...
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Dec 28, 2012
12/12
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. >> reporter: the fiscal cliff would bring massive tax increases and deep spending cuts. the treasury department would have trouble paying its bills. many economists worry the financial woes would plunge the u.s. back into a recession. just one possible effect of the fiscal cliff. milk prices could spike $2 or $3 a gallon, because farm programs will expire at the end of the year. some are calling that dairy cliff. live in new york, wendy gillette. >> wendy gillette in new york. thank you. >>> the country has lost one of its great warriors. tributes are pouring in this morning for retired general norman schwarzkopf. the general died yesterday in tampa after a battle with pneumonia. schwarzkopf commanded "operation desert storm" that drove iraqi forces from kuwait. in retirement, he championed causes. norman schwarzkopf was 78. >>> now, to former president george h.w. bush's condition. his chief of staff says he will be in the hospital for a while. the 41st president is recovering from a terrible case of bronchitis with a series of complications. she says that mr. bush is g
. >> reporter: the fiscal cliff would bring massive tax increases and deep spending cuts. the treasury department would have trouble paying its bills. many economists worry the financial woes would plunge the u.s. back into a recession. just one possible effect of the fiscal cliff. milk prices could spike $2 or $3 a gallon, because farm programs will expire at the end of the year. some are calling that dairy cliff. live in new york, wendy gillette. >> wendy gillette in new york....
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Oct 2, 2012
10/12
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economists are warning if congress drives off what is so-called the fiscal cliff, there will be automatic tax increases and deep spending cuts on january 1st. >>> the federal mortgage task force is filing its first action against a major bank. the civil lawsuit against jpmorgan chase alleges massive fraud involving mortgage-backed securities. rather than a specific deal, the complaint focuses on improper practices through bear stearns, which jpmorgan chase acquired after it went bust. >>> american express is agreeing to refund $85 million to credit card customers. federal agencies say the company charged improper late fees and deceived credit card customers about old debts and new services. >>> there is a major recall from honda this morning. it affects 600,000 accords with v6 engines from 2003 to 2007. the power steering might come loose and leak fluid causing a fire. only one fire has been reported thus far. honda will replace the hoses for free but won't have replacement parts available until early next year. >>> prosecutors here in new york say bernie madoff's ponzi scheme actually st
economists are warning if congress drives off what is so-called the fiscal cliff, there will be automatic tax increases and deep spending cuts on january 1st. >>> the federal mortgage task force is filing its first action against a major bank. the civil lawsuit against jpmorgan chase alleges massive fraud involving mortgage-backed securities. rather than a specific deal, the complaint focuses on improper practices through bear stearns, which jpmorgan chase acquired after it went bust....
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Nov 11, 2012
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the best way might be do off the cliff, have the tax cuts expire and then come back. that could have an impact on economic growth. >> look, no one wants to go off the fiscal cliff, but, a fair deal is absolutely critical here, i'm delighted to hear speaker boehner and i know senator chambliss has said repeatedly that revenue has to be a part of it. but how that revenue is collected a critical. if it's just eliminating tax loopholes that affect middle-class families and they don't have a mortgage deduction or a charitable deduction or we raise their copay on medicare. all of that revenue falling on the middle class isn't a fair and balanced way to get to a deal. so, how that is distributed is a critical part of that. the senate has passed a bill that extends the tax cuts for 98% of americans and if the house will pass that bill, we're well on our way to working towards a solution before that fiscal cliff. >> senator chambliss, the president called for that on friday as well. do you think that they should pass that bill that already passed the senate? >> i don't think s
the best way might be do off the cliff, have the tax cuts expire and then come back. that could have an impact on economic growth. >> look, no one wants to go off the fiscal cliff, but, a fair deal is absolutely critical here, i'm delighted to hear speaker boehner and i know senator chambliss has said repeatedly that revenue has to be a part of it. but how that revenue is collected a critical. if it's just eliminating tax loopholes that affect middle-class families and they don't have a...
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Nov 13, 2012
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cliff. democrats and republicans are divided on how to cut the deficit. >>> this is how many people will be hitting the roads and skies. aaa releasing the travel forecast, about 42.5 million people traveled 50 miles or more last year. >> new jersey is ending the gasoline rationing this morning, chris christie says supplies are back to normal and no reason for drivers to wait in line. imposed the rationing following super storm sandy. >>> president and vice president meeting with members from the labor community and how to avoid the fiscal cliff. >>> veterans at the va medical center are getting a visit, ravens players spending time with them. it's part of the salute to service military appreciation initiative. >>> sports, steelers tbeat chiefs last night -- beat the chiefs last night. final score from the game was 16-13, a wet one. the ravens take on the steelers sunday night at heinz field, coming off of a record win against the raiders, talking about the ravens that, the question, will big
cliff. democrats and republicans are divided on how to cut the deficit. >>> this is how many people will be hitting the roads and skies. aaa releasing the travel forecast, about 42.5 million people traveled 50 miles or more last year. >> new jersey is ending the gasoline rationing this morning, chris christie says supplies are back to normal and no reason for drivers to wait in line. imposed the rationing following super storm sandy. >>> president and vice president...
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Nov 8, 2012
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back at home, the concerns about the fiscal cliff. mark explained itch a deal is not reached by january 1, tax increases and government spending cuts of $800 billion automatically take effect. that isser to number one for capitol hill. >>> yes, former congresswoman, gabrielle giffords, coming face to face today with the man who almost took her life. abc news has learn that gifford and her husband, astronaut mark kelly, will been tucson in a courtroom there when jared sen. kelly is expected to make a statement before the court. loughner killed six people during that shooting rampage. giffords was among 13 that were wounded. and, on world news last night, diane sawyer, recounted an in the view she had with her and asked her if she had any hard feelings what would she say. i don't have any. no, no, no. just kind of shows the type of woman that gabrielle giffords is. >> absolutely. absolutely. simply unbelievable reason, heist, to show you from an area of north london, should say. the robbers did not bother with getaway cars here. they dr
back at home, the concerns about the fiscal cliff. mark explained itch a deal is not reached by january 1, tax increases and government spending cuts of $800 billion automatically take effect. that isser to number one for capitol hill. >>> yes, former congresswoman, gabrielle giffords, coming face to face today with the man who almost took her life. abc news has learn that gifford and her husband, astronaut mark kelly, will been tucson in a courtroom there when jared sen. kelly is...
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Nov 16, 2012
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cliff. >> the president wants to continue the bush-era tax cut for most people but expire for the top 2% of earners. republicans were seeking extensions for everyone but boehner said tax hikes are on the table as long as three come with spending cuts. diane sawyer will have more after abc2 news at 6:00. >>> the fight against domestic violence continues. the state unveiled a program that will be hospital-based and gbmc is receiving $27,000 in state funds. it will expand services. the program aims to find victims in an early stage of the cycle and give them the support to prevent physical or emotional harm. similar programs are in place at mercy and sinai hospital. >>> winter may not officially begin for another month. the looming threat of snow has the city gearing up for a possible winter storm. the equipment has been checked out and it's already to go. people should have an emergency kit for a possible storm. you might have used up some of your supplies during sandy. so this is your time before the snow hits or hopefully won't hit to get prepared again. >> that's good advice. the bas
cliff. >> the president wants to continue the bush-era tax cut for most people but expire for the top 2% of earners. republicans were seeking extensions for everyone but boehner said tax hikes are on the table as long as three come with spending cuts. diane sawyer will have more after abc2 news at 6:00. >>> the fight against domestic violence continues. the state unveiled a program that will be hospital-based and gbmc is receiving $27,000 in state funds. it will expand services....
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Dec 23, 2012
12/12
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problem that exist, even if you resolve the fiscal cliff we still have a fiscal problem and argue over both tax increases which everybody knows needs to go up in order to fix it and spending cuts and entitlements. >> it may not exist in washington. on your point about dogma, grover norquist, of course, you are you've popularized the no tax pledge for many years. on this plan by the speaker which would have loued taxes to go up your group said it wasn't a tax increase and that still wasn't good tough for a lot of house republicans. >> look, let's understand, there is a plan to actually solve the debt that's been run up, the deficits to continue, entitlement reform and tax reform to get more pro-growth, tax reform and that's the ryan plan passed twice by the house of representatives. people can talk -- >> no support from the president. it's not going anywhere. >> the democrats haven't done a budget in three, four year, haven't put anything forward that deals with entitlements. there's one and only one plan that has actual ily been passed by one house. the president hasn't put anything fo
problem that exist, even if you resolve the fiscal cliff we still have a fiscal problem and argue over both tax increases which everybody knows needs to go up in order to fix it and spending cuts and entitlements. >> it may not exist in washington. on your point about dogma, grover norquist, of course, you are you've popularized the no tax pledge for many years. on this plan by the speaker which would have loued taxes to go up your group said it wasn't a tax increase and that still wasn't...
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Nov 16, 2012
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they will discuss ways to avoid what they have been calling the fiscal cliff. aid series of tax increases and spending cuts to things like the defense budget and medicare that can take efct by the end of the year. the pre wants to keep tax cuts for the middle class and increase taxes on americans making more than 250,000 a year. republican leaders wants more spending cuts and no increases in taxes. >>> one week age was handing in his resignation. >> today former cia director general david petraeus returns to capitol hill and appears before the house and sen isate commitees in three hours to talk about the attack on the u.s. consulate in libya. it killed the u.s. ambassador and three other americans. yesterday, lawmakers watched the video of the attack. >>> you can meet ravens players today while helping out with a good cause. ray rice will be at stuff a bus. the event is happened at the shop rite in at that mownium -- timonium. they are teaming with up mix 106.5 to replenish the food banks and anyone who donates canned good eye teams will have a chance to wayne
they will discuss ways to avoid what they have been calling the fiscal cliff. aid series of tax increases and spending cuts to things like the defense budget and medicare that can take efct by the end of the year. the pre wants to keep tax cuts for the middle class and increase taxes on americans making more than 250,000 a year. republican leaders wants more spending cuts and no increases in taxes. >>> one week age was handing in his resignation. >> today former cia director...
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Dec 26, 2012
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. >>> now that christmas is over, we are days away from this looming fiscal cliff which would raise taxes on all americans and immediate cuts. some agencies are phages furloughs -- facing furloughs. president obama and congressional leaders are cutting their vacation short to be back in washington but it's not clear whether a last-minute deal can be reached. >> i don't want to go over the cliff. >> middle class people will have their taxes go up an average of $2,000 a career and we should start making meaningful reform on the debt. >> there's talk about a smaller deal by harry reid that would prevent tax increases on those earning less than $250,000. >>> starbucks has come up with a democratic way for people to send a message to washington. the coffee giant is asking the stores to write the words come together on all drinks served tomorrow and friday. >>> well, they invested in a finance company owned by a now infamous baltimore insurance pitch man. now that hal katz business has gone belly up, they're out of luck. investigators continue digging into the story we first brought you in octo
. >>> now that christmas is over, we are days away from this looming fiscal cliff which would raise taxes on all americans and immediate cuts. some agencies are phages furloughs -- facing furloughs. president obama and congressional leaders are cutting their vacation short to be back in washington but it's not clear whether a last-minute deal can be reached. >> i don't want to go over the cliff. >> middle class people will have their taxes go up an average of $2,000 a...
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Dec 27, 2012
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of the looming fiscal cliff deadline. it is now just five days away. is there any movement on either side? how many times can we ask this question of abc chief white house correspondent, jonathan karl, joining us this morning. dare i ask, where we stand this morning? >> reporter: good news and bad news. the president's coming back to washington. the senate's coming back. they're ready to strike a deal. the bad news, josh, no progress whatsoever. and in fact, the treasury department said that the government on monday will hit the limit of how much money we can borrow to run the government. they're going to do some extraordinary measures to keep us running to february. but things look grim. the one sliver of good news i can say on the substance is, the speaker's office tells me this morning there has been contact between the speaker of the house and the president, at least on the staff level. and they won't say whether or not the two men actually spoke. >> contact. hazahs all around. what do we really mean? >> reporter: eve
of the looming fiscal cliff deadline. it is now just five days away. is there any movement on either side? how many times can we ask this question of abc chief white house correspondent, jonathan karl, joining us this morning. dare i ask, where we stand this morning? >> reporter: good news and bad news. the president's coming back to washington. the senate's coming back. they're ready to strike a deal. the bad news, josh, no progress whatsoever. and in fact, the treasury department said...
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Dec 18, 2012
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. >>> we turn to what may be a major breakthrough in the stalemate over the fiscal cliff. everyone's taxes go up. every federal program set to be cut in 14 days. after a new offer from the white house, the two sides may have a deal in sight. jon karl on capitol hill. house speaker john boehner will talk to his troops about where things stand. >> reporter: the speaker will speak with the rank and file republicans about the latest offer from the white house. although, there are significant differences, we're now seeing, for the first time, real signs of progress. the president is making some significant concessions, offering more spending cuts, asking for less in the way of tax increases. the offer includes $1.2 trillion in tax increases. that's down from $1.6 trillion the president had initially asked for. he is talk about raising taxes on those making over $400,000 a year instead of $250,000 a year. and he is talking about limiting the amount of cost of living increases for social security recipients. and asking for a two-year extension of the debt limit, not indefinite ex
. >>> we turn to what may be a major breakthrough in the stalemate over the fiscal cliff. everyone's taxes go up. every federal program set to be cut in 14 days. after a new offer from the white house, the two sides may have a deal in sight. jon karl on capitol hill. house speaker john boehner will talk to his troops about where things stand. >> reporter: the speaker will speak with the rank and file republicans about the latest offer from the white house. although, there are...
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Dec 27, 2012
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where priority number one is avoiding the fiscal cliff. >> unless mr. obama and congress can reach a new deal by the new year, deep spending cuts will be taking effect. and while the president takes his flight back here to d.c., the first lady and their daughters are staying in hawaii. >> the first couple sat down with our very own barbara walters before their vacation. we pick up their conversation with talk about their family. >> i want to talk a bit about the girls. we've been watching them grow up from little girls to young ladies. malia recently got her first cell phone. do you monitor it and see who she calls or who she texts? >> i give my daughter, i give her a long rope, and there is monitoring, because we have rules. but monitoring may be, you never know when i'm going to walk in your room and i'm going to ask you who are you talking about and are you talking about school work? >> and they're not very good at lying. we joke sometimes about how malia is getting to the age now, boys start calling and sort of -- i always talk about how one of the
where priority number one is avoiding the fiscal cliff. >> unless mr. obama and congress can reach a new deal by the new year, deep spending cuts will be taking effect. and while the president takes his flight back here to d.c., the first lady and their daughters are staying in hawaii. >> the first couple sat down with our very own barbara walters before their vacation. we pick up their conversation with talk about their family. >> i want to talk a bit about the girls. we've...
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Dec 27, 2012
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. >>> now, to the fiscal cliff. still looming large as president obama returns to the white house this morning. the president cut short his christmas vacation in hawaii to get back to washington. congress will be in session today, amidst fading hope that a deal could be reached by the new year. no agreement would mean spending cuts and historic tax hikes for virtually every american. >>> officials in newtown have a message for people who want to send gifts to the grief-stricken town. please don't. they say gifts have arrived in such numbers, they overwhelmed the small community's ability to process them. a fund established after the shooting to support newtown has grown to $3.5 million. >>> meanwhile, hundreds of schoolteachers plan to attend firearms training today in salt lake city. the 200 teachers come from districts across utah. they have volunteered for the concealed weapons training. organizers say in past years, only a few dozen teachers attended the training. they're expecting an overflow crowd because of t
. >>> now, to the fiscal cliff. still looming large as president obama returns to the white house this morning. the president cut short his christmas vacation in hawaii to get back to washington. congress will be in session today, amidst fading hope that a deal could be reached by the new year. no agreement would mean spending cuts and historic tax hikes for virtually every american. >>> officials in newtown have a message for people who want to send gifts to the...
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Dec 26, 2012
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a deal as that fiscal cliff nears. now just six days until higher taxes for all americans. and tonight, a white house official is placing the burden of not getting a deal on leaders of congress. one official saying the hits from our economy are not coming from outside factors, they're coming from congressional stupidity. some members of congress do return tomorrow. these comments come just as barbara walters prepares for her "nightline" special tonight. her sitdown at the white house with the president and the first lady. tonight here, some rare personal questions answered about their own relationship and their girls. one of whom just got her first cell phone. >> reporter: i want to talk a bit about the girls. we have been rawatching them gr up from little girls to young ladies. now, malia recently got her first cell phone. do you monitor it? and see who she calls or who she texts? >> i give my daughter at this age, i give her a long rope. you know, and there is monitoring, because we have rules, but monitoring may be,
a deal as that fiscal cliff nears. now just six days until higher taxes for all americans. and tonight, a white house official is placing the burden of not getting a deal on leaders of congress. one official saying the hits from our economy are not coming from outside factors, they're coming from congressional stupidity. some members of congress do return tomorrow. these comments come just as barbara walters prepares for her "nightline" special tonight. her sitdown at the white house...
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Nov 16, 2012
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cliff. if congress does not act before the end of the year, spending cuts and tax increases will go into effect and will affect everyone. >> had a very constructive meeting. >> constructive meet huge constructive meeting. >> congress will recess for the holiday weekend. they said they will continue working. >> >> the resolution of some close races are giving democrats a bump in seats in congress. the party gained five seats since the election. the most recentcomming from a contest in california. three other races are too close to be called and a fourth will be settled in a december runoff. >>> hotel rooms, you know, they're required to have smoke detectors to protect people. >> why a carbon monoxide detector has a real risk. >> he teaches at the naval academy but he's hoping to make big cash. >> weather wise today, some morning cloud cover and the sunshine out in force, still a chill in the air. will the weather hold. we'll talk about that from the other side of the break. >>> experts feel i
cliff. if congress does not act before the end of the year, spending cuts and tax increases will go into effect and will affect everyone. >> had a very constructive meeting. >> constructive meet huge constructive meeting. >> congress will recess for the holiday weekend. they said they will continue working. >> >> the resolution of some close races are giving democrats a bump in seats in congress. the party gained five seats since the election. the most...
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Nov 13, 2012
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the pressing issue is figuring out how to keep american from going off the fiscal cliff. if it isn't resolved taxes will increase and a huge federal spending cut across the board. president obama plans to meet with leader as at the white house this week. >>> president obama and vice president joe biden are taking america's economic woes seriously. today the two will be meeting with leaders from the labor community to discuss the deficit. president obama is expected to meet with members of the business community, to talk about the fiscal cliff tomorrow. >>> we introduced you to ab gel evan, days before the presidential election. as you may recall, the 4 year old girl was the one crying because there was too much political talk on the radio. you might be asking, how does she feel today now that the election is a thing of the past? >> there is going to be a president. >> barack obama. >> she is happier in this video. the video of her crying over mitt romney has become a youtube sensation, more than 15 million views. her mom says she posted the new video of her daughter becau
the pressing issue is figuring out how to keep american from going off the fiscal cliff. if it isn't resolved taxes will increase and a huge federal spending cut across the board. president obama plans to meet with leader as at the white house this week. >>> president obama and vice president joe biden are taking america's economic woes seriously. today the two will be meeting with leaders from the labor community to discuss the deficit. president obama is expected to meet with members...
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Dec 27, 2012
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hammer out a deal with republicans to avoid sending the economy over the fiscal cliff. charlie's at the live desk right now this morning with more on the battle ahead for both sides of the debate. charlie the 11th hour. >> the future, the immediate future of our taxes hang in the balance. the president and house republicans are now set to square off once more to cut a deal. with just five days remaining before the tax hikes and departmental cuts take effect. before christmas house republicans failed to pass the alternate plan instead placing the responsibility on president obama and senate democrats' shoulder. according to the "washington post" gop leaders vowed to go into session to vote on anything the democratic controlled senate approved. however speaker john boehner demanded the senate first take a look at the bill the house moved through a month ago that preserved the expiring tax cuts for the wealthy as well as the middle class. that's not likely given the president's position on raising taxes for those making more than $250,000 a year. >> i want us to not go ove
hammer out a deal with republicans to avoid sending the economy over the fiscal cliff. charlie's at the live desk right now this morning with more on the battle ahead for both sides of the debate. charlie the 11th hour. >> the future, the immediate future of our taxes hang in the balance. the president and house republicans are now set to square off once more to cut a deal. with just five days remaining before the tax hikes and departmental cuts take effect. before christmas house...
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Dec 27, 2012
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starbucks will tackle the fiscal cliff one cup at a time. the ceo how old shut wants workers in the -- howard schultz wants workers in the d.c. area store to write come together on the coffee cups they serve today and tomorrow. he says it's the company's way of respectfully telling politicians they need to find common ground. >> if people would get in the room and lee their ego behind and not be so skewed towards the party but be so sensitive to the lens of the american people, we will have an agreement. >> now this is just a suggestion from the ceo of starbucks. and employees won't be forced to write anything but a customer's name on the cup. >>> news around the nation this morning, hawaii's governor announced lieutenant governor will fill the u.s. senate seat vacated by the death of daniel inouye. he has said he'll be in d.c. today sworn today in. he says he will seek election for a full term in 2014 but a special election will be held to fill that spot until 2016. inouye was the second longest serving u.s. senator of all time. >>> toyota
starbucks will tackle the fiscal cliff one cup at a time. the ceo how old shut wants workers in the -- howard schultz wants workers in the d.c. area store to write come together on the coffee cups they serve today and tomorrow. he says it's the company's way of respectfully telling politicians they need to find common ground. >> if people would get in the room and lee their ego behind and not be so skewed towards the party but be so sensitive to the lens of the american people, we will...
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Sep 6, 2012
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will go over the so-called fiscal cliff next year telling cnbc he expects tax increases and spending cuts before washington cuts a deal. >>> fans are really coughing up big bucks see nfl games. a new list shows what people are saying resellers, number one? steelers at the cowboys in december almost $480 a pop. finally a federal appeals court says that shoe designer christian louboutin can trademark the distinctive red soles. that's what makes the soles pop. that's america's money, i'm paula faris. >>> he has been a hero to baltimore, he gave us something to cheer about once again. this morning, art modell is in the hospital. we'll have the latest. >>> and get ready to see some gold
will go over the so-called fiscal cliff next year telling cnbc he expects tax increases and spending cuts before washington cuts a deal. >>> fans are really coughing up big bucks see nfl games. a new list shows what people are saying resellers, number one? steelers at the cowboys in december almost $480 a pop. finally a federal appeals court says that shoe designer christian louboutin can trademark the distinctive red soles. that's what makes the soles pop. that's america's money, i'm...
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Dec 30, 2012
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we begin with that fiscal cliff hanger in washington, d.c. there are now just two days left until automatic tax hikes and severe budget cuts go into effect the. the president is urging democrats and republicans to reach a deal. senate leaders are working on a last-minute compromise. >>> a horrific accident in mississippi. six people including five children were killed when their suv plunged into a creek yesterday. the children were all related. police say four other adults including the parents of those children managed to escape. the vehicle that caused that accident is under investigation. >>> and stunning video of a plane crash outside of moscow, russia, the passenger plane overshot the runway and slammed into a highway yesterday. amazing video. four of the eight crew members on board were killed. there were no passengers on the plane and no one on the highway was hurt. the cause of that crash is under investigation. >>> and finally, a celebration at the vatican. about 40,000 young pilgrims from all across europe attended an open air mass
we begin with that fiscal cliff hanger in washington, d.c. there are now just two days left until automatic tax hikes and severe budget cuts go into effect the. the president is urging democrats and republicans to reach a deal. senate leaders are working on a last-minute compromise. >>> a horrific accident in mississippi. six people including five children were killed when their suv plunged into a creek yesterday. the children were all related. police say four other adults including...
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Nov 11, 2012
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but those words don't change a bassic disagreement that could push the country off the fiscal cliff the 1st of january. that's when a number of tax cuts expire, meaning the average family will pay an extra $3,700 a year. and severe cuts to defense and government spending. the sticking point on avoiding that cliff? taxes. the president campaigned on and won on letting tax cuts for the rich expire. today, a leading republican said no. >> no republican will vote for higher tax rates. >> reporter: if that sounds a lot like the argue we already heard, you're right. and democrats appear embolden that rates for the rich rise. >> if the republicans will not agree with that, we will reach a point at the end of this year where all the tax cuts expire and we'll start over next year. >> reporter: the two sides have four more days to lay out their markers. on friday, congressional leaders come to the white house to start negotiations in earnest. david? >> david kerley at the white house tonight, thank you. >>> and with so much swirling in washington, the election might already seem like a lifetime a
but those words don't change a bassic disagreement that could push the country off the fiscal cliff the 1st of january. that's when a number of tax cuts expire, meaning the average family will pay an extra $3,700 a year. and severe cuts to defense and government spending. the sticking point on avoiding that cliff? taxes. the president campaigned on and won on letting tax cuts for the rich expire. today, a leading republican said no. >> no republican will vote for higher tax rates....
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Dec 28, 2012
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senate, they reconvened yesterday. >> we have been swamped with the news of the fiscal cliff but locally, cliff. a law was passed five years ago to require home owners to fill out a one time application to update the data base and cut out the fraud. you can only get a credit on your main home not a rental or a second home. >> i've he been a homeowner for over 30 years so i want my money. >> everybody has gotten at least two applications mailed directly a their premise address. >> so if you or someone you know foregist by the end of the dead -- forgets by the end of the deadline you will lose out on next year's credit. >>> other top stories for you this morning. the country is mourning the loss of a decorated war hero. retired general norman schwarzkopf passed away at his home in tampa. he is known as stormin norman and the bear gained national attention in 1991 when he led operation desert storm. that was to overthrow iraqi forces out of kuwait and that's what he did. he also fought in vietnam where he earned three silver stars three bronze stars and two purple hearts. after returning fr
senate, they reconvened yesterday. >> we have been swamped with the news of the fiscal cliff but locally, cliff. a law was passed five years ago to require home owners to fill out a one time application to update the data base and cut out the fraud. you can only get a credit on your main home not a rental or a second home. >> i've he been a homeowner for over 30 years so i want my money. >> everybody has gotten at least two applications mailed directly a their premise address....
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Dec 7, 2012
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the pentagon is preparing for massive budget cuts in the event the country does go over the fiscal cliff. you can tell the pentagon is scaling back. today, it became the triangle. [ laughter ] you know, there's a teacher at home going, yes. my math teacher, exactly. he learned something. >> a lot of people said after the election, what will mitt romney do? because he's out of a job, didn't get the job he wanted and, you know, honestly, you can only spend so much time with your money. so, people were saying, what will mitt romney -- he's got a job. he's working at a marriott, ladies and gentlemen. working at a marriott. he's the guy that comes out to the pool and tells the kids to stop splashing. come on, kids. hey, fellas. listen to me. settle down here. >> that could have been funnier. >>> that's what's making news in
the pentagon is preparing for massive budget cuts in the event the country does go over the fiscal cliff. you can tell the pentagon is scaling back. today, it became the triangle. [ laughter ] you know, there's a teacher at home going, yes. my math teacher, exactly. he learned something. >> a lot of people said after the election, what will mitt romney do? because he's out of a job, didn't get the job he wanted and, you know, honestly, you can only spend so much time with your money. so,...
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Nov 8, 2012
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at issue, the fiscal cliff, a doomsday law that hikes taxes and inleashes a wrecking ball of cuts on january 1st. so, i started by asking speaker boehner that if this time, he and the now re-elected president are going to make a deal. the first word you said to yourself, when you knew that the president was going to win again? >> the hand i was dealt. i'll play it. and i went to bed. >> reporter: right away? >> 11:15. i saw the handwriting on the wall for a couple of hours. and at 11:15, race was, in my view, finished. i went to sleep. and slept like a baby. >> reporter: the fiscal cliff is looming. the president has said, do it now, let us get a deal, let us end this grid lock now. is it going to happen? >> i remain optimistic that we're going to be able to find common ground to avoid this fiscal cliff and find a way to work together. >> reporter: but by when? by january 1st? >> i would hope so. >> reporter: the president is talking about specific increases, he campaigned on specific increases in tax rates from 35% to 39%, for those making more than $250,000. so, is that on the tabl
at issue, the fiscal cliff, a doomsday law that hikes taxes and inleashes a wrecking ball of cuts on january 1st. so, i started by asking speaker boehner that if this time, he and the now re-elected president are going to make a deal. the first word you said to yourself, when you knew that the president was going to win again? >> the hand i was dealt. i'll play it. and i went to bed. >> reporter: right away? >> 11:15. i saw the handwriting on the wall for a couple of hours....
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Dec 26, 2012
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tomorrow to work on the fiscal cliff deal before the year ends. house and senate members are expected to reconvene. without an agreement, automatic tax increases for everyone and deep spending cuts will be triggered by the new year. the main dispute continues to be over taxes. >>> if you want to play the slots at 2:00 in the morning, starting tomorrow you can. maryland live casino is set to kick off its first 24-hour gaming day. once the casino opens at 8:00 in the morning, it will be open around the clock. maryland live is also prepared to immediately begin making the modifications required to add table games to the floor as soon as the regulation office makes it official. >>> a new 1200-seat auditorium is set to open in ocean city in 2014. it's going to be located at the ronald e. powell convention center. construction is set to begin in the fall on the $14 million project. >>> well, some netflix customers not too happy. they wanted to curl up on the couch and watch a movie on christmas eve. they were just out of luck. the streaming service for
tomorrow to work on the fiscal cliff deal before the year ends. house and senate members are expected to reconvene. without an agreement, automatic tax increases for everyone and deep spending cuts will be triggered by the new year. the main dispute continues to be over taxes. >>> if you want to play the slots at 2:00 in the morning, starting tomorrow you can. maryland live casino is set to kick off its first 24-hour gaming day. once the casino opens at 8:00 in the morning, it will be...
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Dec 18, 2012
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. >> the struggle continued between democrats and republicans to reach a deal on the fiscal cliff before the end of the year. democrats rejectedplan b which would extend the busher rna tax cuts -- bush era tax cuts for everyone making less than 4 hundred thousand. the two sides are struggling to come to a compromise. >> compromising takes courage, walking away as they have done is so easy, but there's a small but vocal minority pulling the string ises in the republican caucus in the house. the teaparty's agenda could not be further from the priorities of middle class americans. >> democrats continue to ask for a tax hike on those earning more than 250 thousand dollars a year. >> msh -- more than three hundred newborns are treated a year at this hospital. we'llshow you how they plan to up a-grade their unit to dear for the babies. >> and the holidays are full of sweets and treats we love. we'll give you an idea for el thi stocking suffers for your kids. there's a giant staircase, and the room is filled with all these different kinds of coffee. actually, i just press this button. brew what
. >> the struggle continued between democrats and republicans to reach a deal on the fiscal cliff before the end of the year. democrats rejectedplan b which would extend the busher rna tax cuts -- bush era tax cuts for everyone making less than 4 hundred thousand. the two sides are struggling to come to a compromise. >> compromising takes courage, walking away as they have done is so easy, but there's a small but vocal minority pulling the string ises in the republican caucus in the...
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Dec 27, 2012
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the fiscal cliff. lawmakers saw it coming but didn't bother to pay attention until after the election. had they put politics aside and dealt with it earlier who knows how strong the economy would be right now. >> coming up, a five-days for a woman. she gets the news she has been waiting to hear on her missing teen daughter. >>> and we are taking a look back at the year. the most outstanding student athletes of the year. >>> those and more coming up at six. now a preview of world news at 6:30. >> coming up, american companies saying thank you. thank you america for make this a great made in america christmas. . >>> you have heard of downward facing dog? even if you haven't chances are your children have. we have more on the latest craze for children. yoga. >> reporter: some say yoga is the fattest growing sport in the nation with 20 million practicing regularly. the latest trend is an ever growing number are pint sized. >> there are classes for kids of all ages from baby up to teens. there are even clas
the fiscal cliff. lawmakers saw it coming but didn't bother to pay attention until after the election. had they put politics aside and dealt with it earlier who knows how strong the economy would be right now. >> coming up, a five-days for a woman. she gets the news she has been waiting to hear on her missing teen daughter. >>> and we are taking a look back at the year. the most outstanding student athletes of the year. >>> those and more coming up at six. now a preview...
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Dec 26, 2012
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tomorrow to work on a fiscal cliff deal before the year ends. house and senate members are expected to reconvene that day without an agreement automatic tax increases for everyone and deep spending cuts will be triggered in the new year. the main dispute continues to be over taxes. >>> some places, even here in maryland, got an unexpected white christmas. >> yeah. but certain places that never see snow got a a real taste of it. we're going to tell you how despite traffic tieups like this people were making the best of it. >>> and chips, soda, condoms, where high schoolers in one district when they come back from their break, they're going to see a lot more in the school developing machines. >>> get started now. your resolution, get a head start, we have you covered. >>> i'm mike massco. down to the south and west we go. it's starting to snow. we're going to see a burst of snow this morning, but a big changeover to rain. we'll have the forecast coming up. >>reporter: mike, no delays here on 695 just south of burniee highway. i'll tet you know wha
tomorrow to work on a fiscal cliff deal before the year ends. house and senate members are expected to reconvene that day without an agreement automatic tax increases for everyone and deep spending cuts will be triggered in the new year. the main dispute continues to be over taxes. >>> some places, even here in maryland, got an unexpected white christmas. >> yeah. but certain places that never see snow got a a real taste of it. we're going to tell you how despite traffic tieups...
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Nov 13, 2012
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cliff. if nothing is done before the end of the year, we will face tax increases and deep spending cuts. airlines are enforcing policies for passengers who can't fit in the standard seat. overweight flyers can be prevented from boarding. they point to safety and comfort. some are calling the rules of the air unfair. >>> no more odd days or even days for drives getting gas in new jersey. it ended at 6:00. chris christie said the supplies are plentiful and no need for drivers to line up for fuel. he started the rationing after sandy struck some of the areas gas stations and couldn't get fuel while others didn't have electricity to pump the gas. rationing is if effect in new york and long island as well. >> governor martin o'malley will be talking energy and giving opening remarks of utility regulators and expected to discuss a report released last month to make the states electric distribution system stronger against big storms. >>> we are getting more and more cold winter season is finally he
cliff. if nothing is done before the end of the year, we will face tax increases and deep spending cuts. airlines are enforcing policies for passengers who can't fit in the standard seat. overweight flyers can be prevented from boarding. they point to safety and comfort. some are calling the rules of the air unfair. >>> no more odd days or even days for drives getting gas in new jersey. it ended at 6:00. chris christie said the supplies are plentiful and no need for drivers to line up...
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Nov 8, 2012
11/12
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that so-called fiscal cliff looming. if congress fails to act, spending cuts and tax increases will kick in, costing the average american household, some $3,700 next year. you heard jon karl mention, house speaker boehner is looking to compromise with democrats and raids taxes under the right conditions to stop us from going over that fiscal cliff. we'll see in the days and weeks ahead whether wall street believes that's possible. >> thank you for that. >>> meanwhile, today, for the first time, former congresswoman gabrielle giffords will come face-to-face with the man who almost took her life. giffords and her husband, astronaut mark kelly, will be in the courtroom before jared loughner. loughner shot giffords in the head and wounded 12 others in january last year. >>> and great news overnight. surgeons at children's hospital in philadelphia have successfully separated 8-month-old conjoined twins. allison and amelia tucker, joined at the lower chest and stomach before the seven-hour surgery. the lead doctor says, once t
that so-called fiscal cliff looming. if congress fails to act, spending cuts and tax increases will kick in, costing the average american household, some $3,700 next year. you heard jon karl mention, house speaker boehner is looking to compromise with democrats and raids taxes under the right conditions to stop us from going over that fiscal cliff. we'll see in the days and weeks ahead whether wall street believes that's possible. >> thank you for that. >>> meanwhile, today, for...
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Nov 12, 2012
11/12
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the word don't change a basic disagreement that could push the country off the fiscal cliff, the first of january. when a number of tax cuts expire, meaning the average family will pay $3,700 a year. and severe cuts to defense and government spending will be triggered. the sticking point on avoiding the cliff, taxes. the president campaigned on and won, on letting tax cuts for the rich expire. a leading republican said no. >> no republican will vote for higher tax rates. we will generate revenue from eliminating deductions and loopholes. >> reporter: if that sound like the argument we heard. you are right. democrats appear emboldened that rates for the rich rise. are we headed for the cliff? >> if the republicans will not agree with that, we will reach a pin the at the end of this year, where all of the tax cuts expire, and we'll start over next year. >> reporter: friday, congressional leaders come here to the was to start negotiations in earnest. david kerley, abc news, the white house. >> what a fascinating holiday season it will be politically. whoo. >>> police in new york have rais
the word don't change a basic disagreement that could push the country off the fiscal cliff, the first of january. when a number of tax cuts expire, meaning the average family will pay $3,700 a year. and severe cuts to defense and government spending will be triggered. the sticking point on avoiding the cliff, taxes. the president campaigned on and won, on letting tax cuts for the rich expire. a leading republican said no. >> no republican will vote for higher tax rates. we will generate...
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Dec 18, 2012
12/12
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cliff. but major differences do remain. under new concessions made by the white house, the bush tax cuts would be extended for anybody earning under $400,000 a year. the offer includes $1.22 trillion in spending cuts. but top republicans warned late last night that there is no agreement on substantial issues. if a deal isn't reached, tax increases and spending cuts begin two weeks from today. >>> daniel inouye, war hero and long-time senator is being in senate. daniel inouye died yesterday of breathing problems. he was 88 years old. >>> and secretary of state hillary clinton is said to be feeling a little more like herself after suffering a concussion last week. two teams of doctors checked her out. even putting her on an i.v. drip for a short time. aides say she is frustrated and wants to return to work. she will be unable to testify at the congressional hearings on benghazi this week. but she may do so down the road. >>> and the pacific northwest is recovering from the strongest storm of t
cliff. but major differences do remain. under new concessions made by the white house, the bush tax cuts would be extended for anybody earning under $400,000 a year. the offer includes $1.22 trillion in spending cuts. but top republicans warned late last night that there is no agreement on substantial issues. if a deal isn't reached, tax increases and spending cuts begin two weeks from today. >>> daniel inouye, war hero and long-time senator is being in senate. daniel inouye died...
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Dec 17, 2012
12/12
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cliff will make it difficult to piece together maryland's state budget. the cliff is making things uncertain since maryland would be hit hard by the federal cuts. the president met with john boehner today who is now agreeing to a higher tax rate on the wilthier americans but there is no deal yet. >> according to triple a, speeding tickets in work showns appear to be down significantly. last year nearly half a million tickets were handed out. drivers seem to be learning to slow down. >> you know, the holidays may be the most wonderful time of year but also prime time for scandal. >> if you've brought gifts on line, you may need to be careful. >> you had the glory of snagging cyber monday deals. now while you sit waiting for deliveries, scammers are taking action. >> it's the best time o of year because we are expecting packages. >> and angie with the better business bureau says your expectations put you at risk. scammers know you're waiting so they'll try to trick you. they'll send a text or e-mail o saying your packages can't be delivered. . >> it will l
cliff will make it difficult to piece together maryland's state budget. the cliff is making things uncertain since maryland would be hit hard by the federal cuts. the president met with john boehner today who is now agreeing to a higher tax rate on the wilthier americans but there is no deal yet. >> according to triple a, speeding tickets in work showns appear to be down significantly. last year nearly half a million tickets were handed out. drivers seem to be learning to slow down....
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Nov 16, 2012
11/12
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cliff. $500 billion in tax hikes along with deep spending cuts are set to kick in january 1st if they've don't reach a deal. both side say they're willing to look for compromises. the markets of course have been very jittery worried there will not be a resolution by that deadline in just a few weeks. less than 50 days now. >>> overseas now a question who blinks first in the increasingly violent conflict between israel and the palestinians. >> israeli officials warn they're ready for a ground invasion if hamas does not stop firing missiles into the country. fighting between the two side escalated sharply yesterday. with a first-ever militant attack on the tel aviv area. we'll of course have much more on the growing tension coming up later in this half-hour of the show. >>> federal investigators are heading to the scene of a tragic accident in texas. where a freight train slammed into a parade float carrying wounded veterans. four people were killed. 17 hurt. when the union pacific train hit the float at a crossing after sounding its horn. the railroad said the crossing gates and lights we
cliff. $500 billion in tax hikes along with deep spending cuts are set to kick in january 1st if they've don't reach a deal. both side say they're willing to look for compromises. the markets of course have been very jittery worried there will not be a resolution by that deadline in just a few weeks. less than 50 days now. >>> overseas now a question who blinks first in the increasingly violent conflict between israel and the palestinians. >> israeli officials warn they're ready...
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Aug 23, 2012
08/12
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the fiscal cliff, january 1. key components quickly. the bush tax cuts would all expire, number one. number two, expiration of the payroll tax holiday. also $1.2 trillion in spending cuts. domestic and defense, and emergency unemployment benefits for the millions out there unmroem u unemployed. by end of the year all that would be triggered and a devastating blow to the economy. hope congress will get its act together to get something done. >> the government report released to day said fiscal tightening such as we discussed is going to lead to economic conditions in 2013 that will be probably be considered a recession. recession. >> yeah. responsibility lies on both parties to get something done now. >> let's work together. >> let's get along. >>> public health experts say the number of west nile virus infections jumped more than 60% in the last week alone. now they're reaching for what they say is their most effective weapon in the battle against the mosquito borne disease. aerial spraying. not everyone is happy with being showered by
the fiscal cliff, january 1. key components quickly. the bush tax cuts would all expire, number one. number two, expiration of the payroll tax holiday. also $1.2 trillion in spending cuts. domestic and defense, and emergency unemployment benefits for the millions out there unmroem u unemployed. by end of the year all that would be triggered and a devastating blow to the economy. hope congress will get its act together to get something done. >> the government report released to day said...
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Jun 24, 2012
06/12
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cliff if the congress does not act. attend of the year, the bush tax cuts expire. there will be mandated budget cuts across the board because congress failed to reduce that deficit on that not so super super committee. after that mess, if reelected president obama may turn to tax reforms since he could find common ground there with republicans. much depends on congress. if president obama wins a second term, no telling whether he'll have more allies in congress? >>> and that's all for us today. check out "world news" with david muir tonight. thank you for sharing part of your sunday with us. george stephanopoulos will see you back here next week. ♪ [ male announcer ] for our families... our neighbors... and our communities... america's beverage companies have created a wide range of new choices. developing smaller portion sizes and more low- & no-calorie beverages... adding clear calorie labels so you know exactly what you're choosing... and in schools, replacing full-calorie soft drinks with lower-calorie options. wi
cliff if the congress does not act. attend of the year, the bush tax cuts expire. there will be mandated budget cuts across the board because congress failed to reduce that deficit on that not so super super committee. after that mess, if reelected president obama may turn to tax reforms since he could find common ground there with republicans. much depends on congress. if president obama wins a second term, no telling whether he'll have more allies in congress? >>> and that's all for...